Bank of India has set aside Rs 200 crore after MTNL, a government-owned telecom company, defaulted on a Rs 1,000 crore loan. MTNL's financial struggles led the bank to classify the loan as high-risk, requiring the provision. Despite this, Bank of India reported a significant increase in net profit for Q2FY25. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
